Home Refinancing Bloomington IN

Homeowners can apply for home refinancing, meaning they can get an entirely new mortgage on their home. This can be advantageous when mortgage interest rates fall below what they were when the original mortgage was taken out. This will result in lower payments and savings over the entire life of the loan. But homeowners must meet certain criteria before they can refinance; homeowners’ credit file will be reviewed, and a title report along with a report on liens on the property will be done, among other things, when the homeowner is going through the application process.

First Choice Funding Inc
(812) 876-6600
5015 W State Road 46 Ste G
Bloomington, IN
 
Peerless Financial Group Inc
(812) 333-6843
2620 N Walnut Street Suite-300
Bloomington, IN
 
The Peoples State Bank
(812) 876-2228
601 E Temperance St
Ellettsville, IN
 
Allied Home Mortgage Capital Corporation
(765) 342-7400
66 E Morgan St
Martinsville, IN
 
Farmers And Mechanics Federal Savings And Loan Association
(812) 332-4473
3535 West 3rd Street
Bloomington, IN
 
Ace Mortgage Funding LLC
(812) 355-8835
1787 W 3Rd St
Bloomington, IN
 
Monroe Bank
(812) 331-3509
210 E Kirkwood Ave
Bloomington, IN
 
Owen County State Bank
(812) 829-4811
201 W Morgan St
Spencer, IN
 
Mortgage Masters Of Indiana Inc
(812) 336-9006
1000 N Walnut St Ste C
Bloomington, IN
 
Bloomfield State Bank Bloomington
(812) 334-9905
1301 North Walnut Street
Bloomington, IN
 
Opinion Corner
People in Indiana shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 56%
Rent: 40%
Other: 2%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 0%
I have had to downgrade my home: 0%
I am living paycheck to paycheck: 52%
I have eliminated some of my expenses in order to keep my home: 23%
It has not affected me: 14%
Other: 9%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 19%
I have some equity in my home: 47%
I own my home outright: 14%
I have no idea: 19%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 22%
I have tried but have not been successful: 44%
No: 33%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 23%
Yes, they were slightly affected: 33%
Yes, they were significantly affected/drained: 42%
Source: Survey.com